convertible currency - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “convertible currency”

convertible currency

noun [C or U]
 
 
( plural convertible currencies)
ECONOMICS, FINANCE a currency that can easily be exchanged for the currency of another country: The payments may be made in any convertible currency.
(Definition of convertible currency from the Cambridge Business English Dictionary © Cambridge University Press)
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